Page 43 - The Guide To Malaysia 9th Edition

Wilayah Persekutuan Labuan
Territories. The corporation is headed by a Chief Executive Officer.
Major Economic Activities
Labuan is an offshore financial centre, and has offered international tax, fund management, wealth management, insurance and Islamic finance services via Labuan International Business and Financial Centre (Labuan IBFC)
since 1990. Labuan has also maintained its position as an offshore support hub
for deepwater oil and gas activities in the region. Important economic activities include mining (oil and gas), light industries and trading, capitalising
on its free trade zone status. Labuan’s duty-
free shopping attracts
day trippers from Sabah, Sarawak and Brunei. It is also a tourist destination, especially for scuba divers, with diveable wrecks in the waters off Labuan. Three islands - Kuraman, Rusukan Besar and Rusukan Kecil
- have been gazetted as Labuan Marine Park, while twelve other sites have been identified for a proposed National Geopark.
Major Industrial Areas
Small-to-medium industries are located throughout the territory, particularly in Lau Kiew Ngien Light Industrial Park & Saguking Industrial Park along Jalan Patau- Patau, as well as Rancha- Rancha Industrial Park.
Malaysia Maps
(Federal Territory of Labuan)
Population: 94,600 Area: 95.42sq km Website: pl.gov.my
HOW TO GET THERE
By Air: Labuan Airport
By Road: Labuan is an island off the coast of Sabah. It has its own road network but is not connected to the mainland.
Historical Background
Labuan and its surrounding islands were inhabited
when it was ceded by the Sultan of Brunei, Omar Ali Saifuddin II, to the British
in 1846 and became a crown colony in 1848. Administration was passed to the British North Borneo Chartered Company in 1890, where it formed part of the Straits Settlement under Singapore.
The island was used as
a coaling station for ships going to China and coal was commercially mined there
By Rail: Labuan does not have a railway network.
By Sea: Labuan Liberty Port
is the main cargo port. Labuan International Ferry Terminal provides passenger ferry and speed boat services to Brunei; Kota Kinabalu, Menumbok and Sipitang in Sabah; and Lawas and Limbang in Sarawak.
until 1911. The Japanese occupied the island in WWII and renamed it “Maeda Island”. It assumed its former name following the war, and under Sabah, joined the Federation of Malaysia in 1963. Labuan was ceded by Sabah to
the Federal Government and proclaimed a Federal Territory on 16th April, 1984.
State Government
Labuan is governed by the Labuan Corporation, a statutory body under the Ministry of Federal
LABUAN
THE GUIDE TO MALAYSIA 39